Crypto Market Splits as SkyAI Jumps 60% and LAB Tumbles 64% in 24 Hours

Crypto Market Splits as SkyAI Jumps 60% and LAB Tumbles 64% in 24 Hours

N
News Editor 01
2026-07-23 09:40:14
CoinGecko data shows SkyAI led daily crypto gainers with a 60.1% rise, while LAB fell 64.2% and posted the highest trading volume on the list at $234.44 million.
SkyAILABAI tokenscrypto marketprice movement

Crypto prices were sharply divided over the past 24 hours. According to CoinGecko market data, SkyAI rose 60.1% to $0.04889, making it the day’s top gainer, while LAB dropped 64.2% to $1.17, the steepest decline among the tokens highlighted. LAB also recorded the largest turnover on the list, with $234.44 million in trading volume.

The ranking tracks actively traded cryptocurrencies by 24-hour price change and uses volume to add context around market participation. The broader tone remained cautious, leaving traders focused on sharp token-specific moves rather than a unified market trend.

AI-linked tokens dominate the gainers list

SkyAI led the upside with $42.72 million in 24-hour volume. The source article noted that the rally came with strong trading activity, pointing to active participation during the move, though no confirmed catalyst had been identified at the time of publication.

UnifAI Network followed with a 31.2% gain to $0.4071 on volume of $11.79 million. Power Protocol ranked third, climbing 26.3% to $0.09428 with $12.51 million in volume. Based on the listed names, AI-related tokens drew a notable share of attention on the winning side, with both SkyAI and UnifAI Network tied to that theme.

LAB leads decliners on heavy turnover

On the losing side, LAB posted the largest drop of the session. Its 64.2% fall came with trading volume far above the other tokens in the roundup, suggesting the decline unfolded with substantial market activity rather than thin trading. The reason for the selloff had not been confirmed when the article was published.

TRIA fell 26.1% to $0.01421, with volume around $12.54 million. TAGGER declined 20.9% to $0.0006796 and logged roughly $32.68 million in volume. TAGGER’s turnover stood out relative to its price level, indicating active trading during the downturn.

Volume and short-term momentum shaped the daily picture

The day’s biggest gainer was SkyAI, the biggest loser was LAB, and the highest trading volume also belonged to LAB. The source material stressed that percentage changes alone do not explain the full move in any token. Volume, liquidity conditions, and project-specific updates remain central to interpreting these swings. For this session, AI tokens stood out among the gainers, while the decliners showed how quickly capital can rotate out of individual names.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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